Settings8H · net · $10k
Funding arb · Price arb /

VIRTUAL

all VIRTUAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni+0.136%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.136% dearer against ApeX Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni VIRTUALUSDT0.70990.0100pay 0.0013% / 1h40m 28s$40K$239K50x
ShortAevo VIRTUAL-PERP0.71090.0104get 0.0013% / 1h40m 28s$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.136% → 0.000%
$13.59
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$11.57
Costs to cover
0.260%
Break-even
103.4 days
Slippage unknown: ApeX Omni: live order book, 16 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 16 min ago6.27 bp15.0 bp −$15111.4 bp −$1,114doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

VIRTUAL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit VIRTUAL_USDC-PERPETUAL−0.0172%1h0.7112+0.183%$15K$40K10xas long as short
Reya VIRTUALRUSDPERP−0.0139%1h0.7118+0.265%$2410xas long as short
Lighter VIRTUAL−0.0136%1h0.7118+0.266%$324K$415K5xas long as short
01 Exchange VIRTUALUSD−0.0120%1h0.7121+0.310%$2K$13110xas long as short
Phoenix VIRTUAL−0.0034%1h0.7109+0.139%$11K$37K5xas long as short
gTrade (Gains Network) VIRTUAL/USDL +0.0007% / S −0.0005%1h0.7112+0.185%$14K150xas long as short
Injective VIRTUAL/USDC PERP+0.0033%1h0.7117+0.254%$46$88K5.5xas long as short
SoDEX VIRTUAL-USD+0.0072%1h0.7109+0.148%$1K$9K5xas long as short
Orderly PERP_VIRTUAL_USDC+0.0087%4h0.7111+0.169%$14K$1.5M10xas long as short
Hyperliquid VIRTUAL+0.0100%1h0.7129+0.427%$8.7M$4.1M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VIRTUALUSDT+0.0100%4h0.7124+0.355%$96K$292K20xas long as short
Pacifica VIRTUAL+0.0100%1h0.7126+0.375%$70K$43K5xas long as short
Binance VIRTUALUSDT+0.0100%4h0.7123+0.344%$16.1M$40.6M75xas long as short
Bybit VIRTUALUSDT+0.0100%4h0.7121+0.310%$16.4M$18.5M50xas long as short
OKX VIRTUAL-USDT-SWAP+0.0100%4h0.7122+0.324%$2.8M$9.8M20xas long as short
Gate VIRTUAL_USDT+0.0100%4h0.7120+0.296%$1.5M$3.3M75xas long as short
MEXC VIRTUAL_USDT+0.0100%4h0.7121+0.310%$17.4M$4.4M100xas long as short
KuCoin VIRTUALUSDTM+0.0100%4h0.7118+0.268%$2.9M$4.3M50xas long as short
Bitget VIRTUALUSDT+0.0100%4h0.7122+0.324%$6.1M$5.8M25xas long as short
BingX VIRTUAL-USDT+0.0100%4h0.7119+0.282%$7.9Mas long as short
Backpack VIRTUAL_USDC_PERP+0.0100%1h0.7116+0.239%$236K$209K10xas long as short
Variational Omni VIRTUAL+0.0100%4h0.7104+0.066%$531K$913Kas long as short
edgeX VIRTUALUSDC+0.0100%4h0.7113+0.200%$19K$259K10xas long as short
GRVT VIRTUAL_USDT_Perp+0.0100%4h0.7105+0.080%$630K$868K10xas long as short
ApeX Omni VIRTUALUSDTlong+0.0100%1h0.7099long leg$40K$239K50x
Polymarket Perps VIRTUAL-USD+0.0100%1h0.7125+0.369%$52K$1.0M5xas long as short
SunX VIRTUAL-USDT+0.0100%4h0.7109+0.141%$2K$1.3M20xas long as short
Extended VIRTUAL-USD+0.0104%1h0.7121+0.312%$55K$267K10xas long as short
Aevo VIRTUAL-PERPshort+0.0104%1h0.7109+0.136%$18K3x
GMX VIRTUAL/USD [WBTC.b-USDC]L +0.0298% / S −0.0228%1h0.7110+0.156%$30K100xas long as short
BloFin VIRTUAL-USDT+0.0340%4h0.7114+0.211%$800K$890K75xas long as short
Coinbase International VIRTUAL-PERP-INTX+0.0416%1h0.7179+1.127%$207K$98K50xas long as short
Kraken Futures PF_VIRTUALUSD+0.0806%1h0.7121+0.317%$590K$665K50xas long as short